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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $66,506 | $124,980-46.8% | $108,359-38.6% | $154,746-57.0% |
| Participation rate | 35.3% | 75.2%-39.9pp | 70.1%-34.8pp | 80.7%-45.4pp |
| Annual return | 9.85% | 45.00%-35.1pp | 36.89%-27.0pp | 172.34%-162.5pp |
| Employer contribution / active EE | $951 | $2,851-66.6% | $2,399-60.4% | $4,379-78.3% |
| Participant deferral / active EE | $1,183 | $4,743-75.1% | $4,137-71.4% | $6,730-82.4% |
| Admin fee / account holder | $791 | $11,502-93.1% | $9,741-91.9% | $14,365-94.5% |